This is a presentation where solution has been given for a hypothetical bank faced with some major problems and how the department of corporate real estate ensures cost efficiency and sustainability

1. Abanti
Shreya Saha
Mustafa
Sian Hossain
Sabira
Mehrin Saba
Parashar
Saha
MD Junayed
Hasan
STRATAGEM CONSULTANCY
TEAM NO.
15060

2. Financial services
Automobile
Manufacturing
IT Industry
Available Vertical Markets

3. Financial services
Our Preference

4. For viewer’s ease, we have
named the hypothetical
Bank ‘X Bank’

5. Major operations of X Bank
Based in US, prominence in Europe and Asia

6. Investment BankingCommercial BankingRetail Banking
Major focus of X Bank

7. Because of economic downturn and government regulations in recent years, the
CEO of Bank have decided to reduce a significant amount of operating cost.

8. The Bank wants to reduce cost by cutting down jobs and rely on
outsourcing, which is a strategy that might backfire

9. X bank has over
100 million
square feet
of space of
which a large
amount is
unused.

10. Key Issue
Mismanagement of office floor space which leads to-
The
Key
Issue
Inefficient Utilization
which results in
inefficient utilization of
workplace space
Failure to generate revenue
from those spaces to reduce
excessive cost

11. The Prime Objectives
Reducing and utilizing the unused space
Ensuring Sustainability in the Long run

12. Short
Term
Mid
Term
Long
Term
After 5 years and
above
3 – 5 yearsWithin 1 year
The Three Layer Strategy

13. Long TermMid TermShort Term
Lease/sublease those
transferred empty spaces in
the strong market in order to
generate revenue.
Shift back office operations from
strong markets to weak markets
and thus leasable spaces in
strong markets will be available Introduce a Performance
Dashboard in order to
monitor whether the spaces
are efficiently utilized
Create an internal server
to establish effective
communication among
CRE officials
Decentralize the CRE
division so that they can
spread across the world
and make sure their ideas
are perfectly implemented.
Impact: Immediate utilization of unused space WITH
MINIMAL COST

14. Long TermShort Term Mid Term
Use any additional
unused spaces for
motivating our
employees. Herzberg
motivation and hygiene
factors will play key role
here.
Achieve Energy Star Designation
toensure that we have reduced
our utility expenses by 50%.
Training Centers are to
be set up to create more
CRE specialists. This will
utilize the additional
unused space.
Competition is to be
organized and the
winners will be given
scholarships on the
training fees to be a
CREM Specialist
Undertake various tenant
retention tactics which will
help to maintain a healthy
port folio
Impact: Creating a VERSATILE and DETERMINED working
environment by utilizing more space

15. Mid TermShort Term Long Term
There are various stages
in the certification and
thus the company
should seek and go
further up the ladder
The Company should seek
to receive LEED
certification if it wants to be
sustainable. To attain the
certificate in Leadership in
Energy and Environmental
Design (LEED), the
company must fulfill certain
requirements.
Effective Acquiring
Strategies are needed
as in the future the
bank might need to
cater more customers
and thus they find
efficient means of
acquiring or leasing
lands.
Impact: Achieving sustainability by going GREEN

16. Financial Feasibility
No further significant cost and look for source of income
Spend on better work environment and motivational factors
Renovation and acquiring

17. Better work environment and motivational factors
Source of additional income and cost reduction
Through CREM competition and LEED certification
Internal Cloud Server and Performance Dashboard

18. Details SHORT TERM MID TERM LONG TERM
Planning by CRE department
Look for leasing and subleasing options in
strong market
Transfer of back office employees from
strong to weak market
Decentralization of CRE Department
Introduce Performance Dashboard
Create internal server
Achieve Energy Star Designation
Employee Retention
Tenant Retention
Training center
Competition and CERM specialist
Achieve LEED certificate
Acquiring Strategies
Implementation Timeline

19. Thank You